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Coordinates: 48°18′N 80°48′W / 48.30°N 80.80°W / 48.30; -80.80
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[[Image:Val-d'Or mine.jpg|thumb|right|280px|[[Open-pit mining|Open pit mine]] in [[Val-d'Or]], [[Quebec]]]]
[[Image:Val-d'Or mine.jpg|thumb|right|280px|[[Open-pit mining|Open pit mine]] in [[Val-d'Or]], [[Quebec]]]]
The '''Abitibi gold belt''' is a region of Canada that extends from [[Wawa, Ontario]] to [[Val-d'Or]], [[Quebec]]. Located within the mineral-rich [[Abitibi greenstone belt]], the gold belt is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901.<ref>{{cite web|url=http://www.midasletter.com/news/09111301_NioGold-progresses-towards-1-million-ounces-gold.php |title=NioGold Progresses Towards 1 Million Ounces Gold |date=2009-11-13 |url-status=dead |archiveurl=https://web.archive.org/web/20091116171632/http://www.midasletter.com/news/09111301_NioGold-progresses-towards-1-million-ounces-gold.php |archivedate=2009-11-16 }}</ref><ref>{{cite web|url=http://www.brrgold.com/about.html |title=Britannica Resource Corporation |accessdate=2010-05-03 |url-status=dead |archiveurl=https://web.archive.org/web/20110708100810/http://www.brrgold.com/about.html |archivedate=2011-07-08 }}</ref><ref>{{cite web|url=http://www.theresourceinvestor.com/RI-FC/FC-archive/aurizon.html|title=Record Earnings, Revenues, And Cash Flow In 2009 For Aurizon Mines|accessdate=2010-05-03|archiveurl=https://web.archive.org/web/20100328221843/http://www.theresourceinvestor.com/RI-FC/FC-archive/aurizon.html|archivedate=2010-03-28|url-status=dead}}</ref> [[Timmins]], a town founded in 1912 following the Porcupine Gold Rush and subsequent creation of the Hollinger, MacIntyre and Big Dome Mines, is one area in the region that experienced a [[gold rush]] beginning in 1909.<ref>{{cite web|url=http://www.timminsedc.com/en/living/history.php |title=Timmins History |year=2008 |url-status=dead |archiveurl=https://web.archive.org/web/20110717060515/http://www.timminsedc.com/en/living/history.php |archivedate=2011-07-17 }}</ref><ref>{{cite web|url=http://www.financialpost.com/magazine/story.html?id=2766731 |title=gold rush |date=2010-04-06 |url-status=dead |archiveurl=https://web.archive.org/web/20100414154644/http://www.financialpost.com/magazine/story.html?id=2766731 |archivedate=2010-04-14 }}</ref>
The '''Abitibi gold belt''' is a region of Canada that extends from [[Wawa, Ontario]] to [[Val-d'Or]], [[Quebec]]. Located within the mineral-rich [[Abitibi greenstone belt]], the gold belt is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901.<ref>{{cite web|url=http://www.midasletter.com/news/09111301_NioGold-progresses-towards-1-million-ounces-gold.php |title=NioGold Progresses Towards 1 Million Ounces Gold |date=2009-11-13 |url-status=dead |archiveurl=https://web.archive.org/web/20091116171632/http://www.midasletter.com/news/09111301_NioGold-progresses-towards-1-million-ounces-gold.php |archivedate=2009-11-16 }}</ref><ref>{{cite web|url=http://www.brrgold.com/about.html |title=Britannica Resource Corporation |accessdate=2010-05-03 |url-status=dead |archiveurl=https://web.archive.org/web/20110708100810/http://www.brrgold.com/about.html |archivedate=2011-07-08 }}</ref><ref>{{cite web|url=http://www.theresourceinvestor.com/RI-FC/FC-archive/aurizon.html|title=Record Earnings, Revenues, And Cash Flow In 2009 For Aurizon Mines|accessdate=2010-05-03|archiveurl=https://web.archive.org/web/20100328221843/http://www.theresourceinvestor.com/RI-FC/FC-archive/aurizon.html|archivedate=2010-03-28|url-status=dead}}</ref> [[Timmins]], a town founded in 1912 following the [[Porcupine Gold Rush]] and subsequent creation of the [[Hollinger Mines]], [[McIntyre Mines ]] and [[Dome Mine]], which was one area in the region that experienced a gold rush, beginning in 1909.<ref>{{cite web|url=http://www.timminsedc.com/en/living/history.php |title=Timmins History |year=2008 |url-status=dead |archiveurl=https://web.archive.org/web/20110717060515/http://www.timminsedc.com/en/living/history.php |archivedate=2011-07-17 }}</ref><ref>{{cite web|url=http://www.financialpost.com/magazine/story.html?id=2766731 |title=gold rush |date=2010-04-06 |url-status=dead |archiveurl=https://web.archive.org/web/20100414154644/http://www.financialpost.com/magazine/story.html?id=2766731 |archivedate=2010-04-14 }}</ref>
The Kerr Addison Mine in Virginiatown was at one time Canada's largest gold producing mine.<ref>{{cite web|url=http://www.tradingmarkets.com/news/press-release/az_armsf_armistice-resources-to-acquire-former-kerr-addison-mine-property-691202.html |title=NioGold Armistice Resources to Acquire Former Kerr-Addison Mine Property |date=2010-01-08 }}{{dead link|date=June 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref name=virginiatown>{{cite web|url=http://www.highway11.ca/Timiskaming/16cVirginiatown/index.php|title=Virginiatown|accessdate=2010-06-27|archiveurl=https://web.archive.org/web/20100701022505/http://www.highway11.ca/Timiskaming/16cVirginiatown/index.php|archivedate=2010-07-01|url-status=dead}}</ref> Many of the towns readily acknowledge gold mining as part of their history, some being named after gold (Val d'Or means 'valley of gold', Kirkland Lake's nickname is 'the mile of gold'). One of Canada's 'large roadside attractions' is a 12-foot replica of a 1908 gold [[sovereign]] (nominally, one [[pound sterling]]) built to commemorate Canada's first gold coin which was made using gold from the Kerr Addison mine.<ref name=virginiatown/><ref>{{cite web|url=http://kpolsson.com/cancoin/can1988.htm |title=Canadian coins |accessdate=2010-06-27 |url-status=dead |archiveurl=https://web.archive.org/web/20100514112219/http://kpolsson.com/cancoin/can1988.htm |archivedate=2010-05-14 }}</ref><ref name="gold coin">{{cite web|url=http://www.roadsideattractions.ca/goldcoin.htm|title=gold coin|accessdate=2010-06-27| archiveurl= https://web.archive.org/web/20100801055116/http://www.roadsideattractions.ca/goldcoin.htm| archivedate= 1 August 2010 | url-status= live}}</ref>
The Kerr Addison Mine in Virginiatown was at one time Canada's largest gold producing mine.<ref>{{cite web|url=http://www.tradingmarkets.com/news/press-release/az_armsf_armistice-resources-to-acquire-former-kerr-addison-mine-property-691202.html |title=NioGold Armistice Resources to Acquire Former Kerr-Addison Mine Property |date=2010-01-08 }}{{dead link|date=June 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref name=virginiatown>{{cite web|url=http://www.highway11.ca/Timiskaming/16cVirginiatown/index.php|title=Virginiatown|accessdate=2010-06-27|archiveurl=https://web.archive.org/web/20100701022505/http://www.highway11.ca/Timiskaming/16cVirginiatown/index.php|archivedate=2010-07-01|url-status=dead}}</ref> Many of the towns readily acknowledge gold mining as part of their history, some being named after gold (Val d'Or means 'valley of gold', Kirkland Lake's nickname is 'the mile of gold'). One of Canada's 'large roadside attractions' is a 12-foot replica of a 1908 gold [[sovereign]] (nominally, one [[pound sterling]]) built to commemorate Canada's first gold coin which was made using gold from the [[Kerr Addison Mines Ltd.|Kerr Addison owned]] [[Kerr-Addison Mine|Kerr-Addison mine]].<ref name=virginiatown/><ref>{{cite web|url=http://kpolsson.com/cancoin/can1988.htm |title=Canadian coins |accessdate=2010-06-27 |url-status=dead |archiveurl=https://web.archive.org/web/20100514112219/http://kpolsson.com/cancoin/can1988.htm |archivedate=2010-05-14 }}</ref><ref name="gold coin">{{cite web|url=http://www.roadsideattractions.ca/goldcoin.htm|title=gold coin|accessdate=2010-06-27| archiveurl= https://web.archive.org/web/20100801055116/http://www.roadsideattractions.ca/goldcoin.htm| archivedate= 1 August 2010 | url-status= live}}</ref>


Mining in the region experienced a resurgence between 2000 and 2010 when two companies, [[Osisko Mining]] and [[Detour Gold]] began investing heavily in two areas, [[Malartic, Quebec|Malartic]] and Detour Lake; low production costs have helped bring more attention back to the area.<ref>{{cite web|url=http://www.nsmgold.com/investors.html |title=nsm corporate |accessdate=2010-05-03 |url-status=dead |archiveurl=https://web.archive.org/web/20100803004251/http://www.nsmgold.com/investors.html |archivedate=2010-08-03 }}</ref> Malartic (which began commercial production in June 2011) will contribute about $3.25 billion to the region's economy over 20 years <ref>{{cite web|url=http://www.canadianminingjournal.com/issues/story.aspx?aid=1000343932 |archive-url=https://archive.today/20120729181154/http://www.canadianminingjournal.com/issues/story.aspx?aid=1000343932 |url-status=dead |archive-date=2012-07-29 |title=Osisko begins building Canadian Malartic Mine |work=Canadian Mining Journal |date=September 2009 }}</ref> and Detour Lake about $1.0 billion.<ref name=detourlake/> The four mines that historically comprised the Malartic property are Canadian Malartic, Barnat, Sladen and East Malartic.<ref>{{cite web|url=http://www.marketwire.com/press-release/Titan-Resources-Plans-Exploration-of-Abitibi-Gold-Belt-Val-dOr-Property-FRANKFURT-36T1-1114993.htm|title=titan resources plans exploration of Abitibi Gold Belt, Val d'Or, Quebec|date=2010-02-10}}</ref> Gold mines in the [[Kirkland Lake]] area are still active, having contributed to the formation of Kirkland Lake Gold Inc. The Detour Lake gold project near [[Cochrane, Ontario]] is North America's fourth biggest undeveloped gold deposit; when it opens in 2013 it will produce at an annual rate of approximately 649,000 ounces for 16 years.<ref name=detourlake>{{cite web|url=http://www.timminspress.com/ArticleDisplay.aspx?e=2876352|archive-url=https://archive.today/20120912153344/http://www.timminspress.com/ArticleDisplay.aspx?e=2876352|url-status=dead|archive-date=2012-09-12|title=Métis sign agreement for Detour Gold mine|date=2010-12-04}}</ref> Another $1.5 billion is being invested in [[Matachewan, Ontario]] where Northgate's 2.5 million ounce Young-Davidson gold mine is located.<ref>{{cite web|url=http://www.wawataynews.ca/archive/all/2010/9/16/ground-broken-15b-young-davidson-mine_20367 |title=Ground broken on $1.5B Young Davidson Mine |date=2010-09-16 |url-status=dead |archiveurl=https://web.archive.org/web/20111002012926/http://www.wawataynews.ca/archive/all/2010/9/16/ground-broken-15b-young-davidson-mine_20367 |archivedate=2011-10-02 }}</ref>
Mining in the region experienced a resurgence between 2000 and 2010 when two companies, [[Osisko Mining]] and [[Detour Gold]] began investing heavily in two areas, [[Malartic, Quebec|Malartic]] and Detour Lake; low production costs have helped bring more attention back to the area.<ref>{{cite web|url=http://www.nsmgold.com/investors.html |title=nsm corporate |accessdate=2010-05-03 |url-status=dead |archiveurl=https://web.archive.org/web/20100803004251/http://www.nsmgold.com/investors.html |archivedate=2010-08-03 }}</ref> Malartic (which began commercial production in June 2011) will contribute about $3.25 billion to the region's economy over 20 years <ref>{{cite web|url=http://www.canadianminingjournal.com/issues/story.aspx?aid=1000343932 |archive-url=https://archive.today/20120729181154/http://www.canadianminingjournal.com/issues/story.aspx?aid=1000343932 |url-status=dead |archive-date=2012-07-29 |title=Osisko begins building Canadian Malartic Mine |work=Canadian Mining Journal |date=September 2009 }}</ref> and Detour Lake about $1.0 billion.<ref name=detourlake/> The four mines that historically comprised the Malartic property are Canadian Malartic, Barnat, Sladen and East Malartic.<ref>{{cite web|url=http://www.marketwire.com/press-release/Titan-Resources-Plans-Exploration-of-Abitibi-Gold-Belt-Val-dOr-Property-FRANKFURT-36T1-1114993.htm|title=titan resources plans exploration of Abitibi Gold Belt, Val d'Or, Quebec|date=2010-02-10}}</ref> Gold mines in the [[Kirkland Lake]] area are still active, having contributed to the formation of Kirkland Lake Gold Inc. The Detour Lake gold project near [[Cochrane, Ontario]] is North America's fourth biggest undeveloped gold deposit; when it opens in 2013 it will produce at an annual rate of approximately 649,000 ounces for 16 years.<ref name=detourlake>{{cite web|url=http://www.timminspress.com/ArticleDisplay.aspx?e=2876352|archive-url=https://archive.today/20120912153344/http://www.timminspress.com/ArticleDisplay.aspx?e=2876352|url-status=dead|archive-date=2012-09-12|title=Métis sign agreement for Detour Gold mine|date=2010-12-04}}</ref> Another $1.5 billion is being invested in [[Matachewan, Ontario]] where Northgate's 2.5 million ounce Young-Davidson gold mine is located.<ref>{{cite web|url=http://www.wawataynews.ca/archive/all/2010/9/16/ground-broken-15b-young-davidson-mine_20367 |title=Ground broken on $1.5B Young Davidson Mine |date=2010-09-16 |url-status=dead |archiveurl=https://web.archive.org/web/20111002012926/http://www.wawataynews.ca/archive/all/2010/9/16/ground-broken-15b-young-davidson-mine_20367 |archivedate=2011-10-02 }}</ref>
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The abitibi greenstone belt in which the gold belt is situated has produced over 35 billion pounds of zinc, 15 billion pounds of copper, and 400 million ounces of silver, most of which was mined in and around Timmins, Ontario.<ref>{{cite web|url=http://www.hughes-exploration.com/i/pdf/HG-Review-Spring.pdf|title=Hughes Exploration|accessdate=2010-06-28|archive-url=https://web.archive.org/web/20110712230623/http://www.hughes-exploration.com/i/pdf/HG-Review-Spring.pdf|archive-date=2011-07-12|url-status=dead}}</ref><ref>{{cite web|url=http://www.goarticles.com/cgi-bin/showa.cgi?C=2344992|title=Canada's Abitibi Greenstone Belt|accessdate=2009-12-08}}</ref> The Greenstone Belt is part of a larger [[granite]]-greenstone-[[gneiss]] terrain called the Abitibi subprovince, part of the [[Superior craton#Archean Superior proto-craton|Archean Superior Province]].
The abitibi greenstone belt in which the gold belt is situated has produced over 35 billion pounds of zinc, 15 billion pounds of copper, and 400 million ounces of silver, most of which was mined in and around Timmins, Ontario.<ref>{{cite web|url=http://www.hughes-exploration.com/i/pdf/HG-Review-Spring.pdf|title=Hughes Exploration|accessdate=2010-06-28|archive-url=https://web.archive.org/web/20110712230623/http://www.hughes-exploration.com/i/pdf/HG-Review-Spring.pdf|archive-date=2011-07-12|url-status=dead}}</ref><ref>{{cite web|url=http://www.goarticles.com/cgi-bin/showa.cgi?C=2344992|title=Canada's Abitibi Greenstone Belt|accessdate=2009-12-08}}</ref> The Greenstone Belt is part of a larger [[granite]]-greenstone-[[gneiss]] terrain called the Abitibi subprovince, part of the [[Superior craton#Archean Superior proto-craton|Archean Superior Province]].


==Mines in the region by historic production==
== Mines in the region by historic production ==
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==Gold mining companies with interests in the area==
==Gold mining companies with interests in the area==
*Armistice Resources - Recently purchased and actively drilling Kerr Addison property. Pre-production activity on adjacent property to west. (See also listing below for Kerr Mines Inc.)
*Armistice Resources - Recently purchased and actively drilling [[Kerr-Addison Mine|Kerr Addison property]]. Pre-production activity on adjacent property to west. (See also listing below for Kerr Mines Inc.)
*Atlanta Gold Inc. - Canadian company whose main property is in [[Atlanta, Idaho]]. All other projects are in Quebec, including Abitibi mines Normar, Mouskor, and Malartic H acquired in 2008.<ref>{{cite web|url=http://www.canadianbusiness.com/markets/cnw/article.jsp?content=20080930_090502_0_cnw_cnw |archive-url=https://archive.today/20120723010155/http://www.canadianbusiness.com/markets/cnw/article.jsp?content=20080930_090502_0_cnw_cnw |url-status=dead |archive-date=2012-07-23 |title=Atlanta Gold Inc. and Niogold Mining Corp. option Abitibi Quebec gold properties from Breakwater Resource |date=2008-09-30 }}</ref>
*Atlanta Gold Inc. - Canadian company whose main property is in [[Atlanta, Idaho]]. All other projects are in Quebec, including Abitibi mines Normar, Mouskor, and Malartic H acquired in 2008.<ref>{{cite web|url=http://www.canadianbusiness.com/markets/cnw/article.jsp?content=20080930_090502_0_cnw_cnw |archive-url=https://archive.today/20120723010155/http://www.canadianbusiness.com/markets/cnw/article.jsp?content=20080930_090502_0_cnw_cnw |url-status=dead |archive-date=2012-07-23 |title=Atlanta Gold Inc. and Niogold Mining Corp. option Abitibi Quebec gold properties from Breakwater Resource |date=2008-09-30 }}</ref>
*[[Barrick Gold]] - Owns the Bousquet Mine in Northwest Quebec. Mined in East Malartic in 2002.
*[[Barrick Gold]] - Owns the Bousquet Mine in Northwest Quebec. Mined in East Malartic in 2002.
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*Kerr Mines Inc.- name changed from Armistice Resources Corp on 9 January 2014.
*Kerr Mines Inc.- name changed from Armistice Resources Corp on 9 January 2014.
*[[Kinross Gold]] - Operated in the Kirkland Lake area but sold a lot of its interest later on to Kirkland Lake Gold Inc.
*[[Kinross Gold]] - Operated in the Kirkland Lake area but sold a lot of its interest later on to Kirkland Lake Gold Inc.
*[[Kirkland Lake Gold]] - Virginiatown, Kirkland Lake. Detour Lake gold project.
*[[Kirkland Lake Gold]] - Virginiatown, Kirkland Lake. [[Detour Lake Mine|Detour Lake gold project]].
*Lake Shore Gold - Operates the Timmins, Thunder Creek, other TW properties, Bell Creek mill, Bell Creek complex, Blakelock, Casa Berardi, Tipahaakaanin gold projects in Quebec and Ontario. There are also projects in Mexico.
*Lake Shore Gold - Operates the Timmins, Thunder Creek, other TW properties, Bell Creek mill, Bell Creek complex, Blakelock, [[Casa Berardi Mine|Casa Berardi]], Tipahaakaanin gold projects in Quebec and Ontario. There are also projects in Mexico.
*Moneta Porcupine Mines Inc. <small>{{tsx2|ME}}</small> - Gold explorer that operates east and west of Timmins, Ontario (where it is based). Exploration is centered around the township of Michaud, Ontario (Destor porcupine fault, Golden Highway which has 10 distinct mining zones) with others located near the Quebec-Ontario border. Controlled by management and institutional investors.
*Moneta Porcupine Mines Inc. <small>{{tsx2|ME}}</small> - Gold explorer that operates east and west of Timmins, Ontario (where it is based). Exploration is centered around the township of Michaud, Ontario (Destor porcupine fault, Golden Highway which has 10 distinct mining zones) with others located near the Quebec-Ontario border. Controlled by management and institutional investors.
*Northern Gold Mining - Exploration and development company operating along the Destor Porcupine Fault Zone, 40&nbsp;km east Matheson, ON
*Northern Gold Mining - Exploration and development company operating along the Destor Porcupine Fault Zone, 40&nbsp;km east Matheson, ON
*Northern Star Mining - Exploration properties in the areas comprising Cadillac, Bousquet, Malartic. Core operation is at a property known as Midway.
*Northern Star Mining - Exploration properties in the areas comprising Cadillac, Bousquet, Malartic. Core operation is at a property known as Midway.
*Alamos Gold Inc. - owns 100% of the Young-Davidson gold project in Matchewan, Ontario 60&nbsp;km from Kirkland Lake. The property used to be known as the Matachewan Consolidated mine.<ref>{{cite news|url=http://www.cbc.ca/news/canada/story/2010/10/11/gold-mines-reopening.html|title=Surging gold price brings new life to old mines|date=2010-10-11 | work=CBC News}}</ref>
*[[Alamos Gold|Alamos Gold Inc]]. - owns 100% of the [[Young-Davidson mine]] in Matchewan, Ontario 60&nbsp;km from Kirkland Lake.
*[[Matachewan Consolidated mine]].<ref>{{cite news|url=https://www.cbc.ca/news/business/surging-gold-price-brings-new-life-to-old-mines-1.925185|title=Surging gold price brings new life to old mines|date=2010-10-11 | work=CBC News}}</ref>
*Oban Mining Corporation - in 2015 and 2016 the company has been creating a portfolio of properties in the Abitibi belt, by takeover bids to other exploration and development companies. The flagship property is the Windfall Lake Gold Deposit, in the Urban-Barry Greenstone Belt of the Abitibi sub-province of the Superior Province.
*Oban Mining Corporation - in 2015 and 2016 the company has been creating a portfolio of properties in the Abitibi belt, by takeover bids to other exploration and development companies. The flagship property is the Windfall Lake Gold Deposit, in the Urban-Barry Greenstone Belt of the Abitibi sub-province of the Superior Province.
*[[Osisko Mining]] - Malartic, Quebec (100% owned) and Atikokan, Ontario (Duparquet 50% interest was abandoned in 2011).
*[[Osisko Mining]] - Malartic, Quebec (100% owned) and Atikokan, Ontario (Duparquet 50% interest was abandoned in 2011).
*Agnico Eagle. - Currently holds the largest land package in the Kirkland Lake area.
*[[Agnico Eagle Mines Limited|Agnico Eagle]] - Currently holds the largest land package in the Kirkland Lake area.
*Titan Resources - Cooper Gold property near Val d'Or, Quebec. Based in Oklahoma.
*Titan Resources - Cooper Gold property near Val d'Or, Quebec. Based in Oklahoma.
*Warrior Gold Inc. - Currently explores the Goodfish Kirana Project - 6&nbsp;km north of the town of Kirkland Lake.
*Warrior Gold Inc. - Currently explores the Goodfish Kirana Project - 6&nbsp;km north of the town of Kirkland Lake.
*Wesdome Gold Mines Ltd. - A multi-asset gold producer operating Eagle River Mine in Wawa, Ontario and Kiena Mine in Val-d'Or, Quebec.

==See also==
* [[List of gold mines in Canada]]


==References==
==References==

Latest revision as of 20:46, 14 September 2024

48°18′N 80°48′W / 48.30°N 80.80°W / 48.30; -80.80

Open pit mine in Val-d'Or, Quebec

The Abitibi gold belt is a region of Canada that extends from Wawa, Ontario to Val-d'Or, Quebec. Located within the mineral-rich Abitibi greenstone belt, the gold belt is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901.[1][2][3] Timmins, a town founded in 1912 following the Porcupine Gold Rush and subsequent creation of the Hollinger Mines, McIntyre Mines and Dome Mine, which was one area in the region that experienced a gold rush, beginning in 1909.[4][5] The Kerr Addison Mine in Virginiatown was at one time Canada's largest gold producing mine.[6][7] Many of the towns readily acknowledge gold mining as part of their history, some being named after gold (Val d'Or means 'valley of gold', Kirkland Lake's nickname is 'the mile of gold'). One of Canada's 'large roadside attractions' is a 12-foot replica of a 1908 gold sovereign (nominally, one pound sterling) built to commemorate Canada's first gold coin which was made using gold from the Kerr Addison owned Kerr-Addison mine.[7][8][9]

Mining in the region experienced a resurgence between 2000 and 2010 when two companies, Osisko Mining and Detour Gold began investing heavily in two areas, Malartic and Detour Lake; low production costs have helped bring more attention back to the area.[10] Malartic (which began commercial production in June 2011) will contribute about $3.25 billion to the region's economy over 20 years [11] and Detour Lake about $1.0 billion.[12] The four mines that historically comprised the Malartic property are Canadian Malartic, Barnat, Sladen and East Malartic.[13] Gold mines in the Kirkland Lake area are still active, having contributed to the formation of Kirkland Lake Gold Inc. The Detour Lake gold project near Cochrane, Ontario is North America's fourth biggest undeveloped gold deposit; when it opens in 2013 it will produce at an annual rate of approximately 649,000 ounces for 16 years.[12] Another $1.5 billion is being invested in Matachewan, Ontario where Northgate's 2.5 million ounce Young-Davidson gold mine is located.[14]

The abitibi greenstone belt in which the gold belt is situated has produced over 35 billion pounds of zinc, 15 billion pounds of copper, and 400 million ounces of silver, most of which was mined in and around Timmins, Ontario.[15][16] The Greenstone Belt is part of a larger granite-greenstone-gneiss terrain called the Abitibi subprovince, part of the Archean Superior Province.

Mines in the region by historic production

[edit]
Producer Timmins Kirkland
Lake
Rouyn-Noranda Val-d'Or Cadillac Virginia-
town
Malartic Duparquet Holloway Matat-
chewan
Thousands of oz 64,000 24,000 15,000 15,000 12,000 11,000 8,000 1,000 1,000 1,000
Source:[17]

Gold mining companies with interests in the area

[edit]
  • Armistice Resources - Recently purchased and actively drilling Kerr Addison property. Pre-production activity on adjacent property to west. (See also listing below for Kerr Mines Inc.)
  • Atlanta Gold Inc. - Canadian company whose main property is in Atlanta, Idaho. All other projects are in Quebec, including Abitibi mines Normar, Mouskor, and Malartic H acquired in 2008.[18]
  • Barrick Gold - Owns the Bousquet Mine in Northwest Quebec. Mined in East Malartic in 2002.
  • Britannica Resource Corp. - TSX Venture Exchange listed exploration company that runs the McKenzie Break and Destor-Porcupine Blake River projects in Quebec.
  • Century Mining - Lamaque mine in Val d'Or, Quebec.
  • Clifton Star Resources - Owns the Duparquet gold project in Quebec (since June 2011 when Osisko walked away from its 50% share). The Duparquet mine produced 1 million ounces of gold between 1931 and 1957 when it was managed by Beattie Gold.
  • Durango Resources Inc - TSX Venture Exchange listed exploration company with 14,000 hectares in the Windfall Lake Gold Camp area.
  • Harte Gold Corp. - nano cap company founded in 1982 that explores primarily on the Ontario side of the belt.
  • Kerr Mines Inc.- name changed from Armistice Resources Corp on 9 January 2014.
  • Kinross Gold - Operated in the Kirkland Lake area but sold a lot of its interest later on to Kirkland Lake Gold Inc.
  • Kirkland Lake Gold - Virginiatown, Kirkland Lake. Detour Lake gold project.
  • Lake Shore Gold - Operates the Timmins, Thunder Creek, other TW properties, Bell Creek mill, Bell Creek complex, Blakelock, Casa Berardi, Tipahaakaanin gold projects in Quebec and Ontario. There are also projects in Mexico.
  • Moneta Porcupine Mines Inc. TSXME - Gold explorer that operates east and west of Timmins, Ontario (where it is based). Exploration is centered around the township of Michaud, Ontario (Destor porcupine fault, Golden Highway which has 10 distinct mining zones) with others located near the Quebec-Ontario border. Controlled by management and institutional investors.
  • Northern Gold Mining - Exploration and development company operating along the Destor Porcupine Fault Zone, 40 km east Matheson, ON
  • Northern Star Mining - Exploration properties in the areas comprising Cadillac, Bousquet, Malartic. Core operation is at a property known as Midway.
  • Alamos Gold Inc. - owns 100% of the Young-Davidson mine in Matchewan, Ontario 60 km from Kirkland Lake.
  • Matachewan Consolidated mine.[19]
  • Oban Mining Corporation - in 2015 and 2016 the company has been creating a portfolio of properties in the Abitibi belt, by takeover bids to other exploration and development companies. The flagship property is the Windfall Lake Gold Deposit, in the Urban-Barry Greenstone Belt of the Abitibi sub-province of the Superior Province.
  • Osisko Mining - Malartic, Quebec (100% owned) and Atikokan, Ontario (Duparquet 50% interest was abandoned in 2011).
  • Agnico Eagle - Currently holds the largest land package in the Kirkland Lake area.
  • Titan Resources - Cooper Gold property near Val d'Or, Quebec. Based in Oklahoma.
  • Warrior Gold Inc. - Currently explores the Goodfish Kirana Project - 6 km north of the town of Kirkland Lake.
  • Wesdome Gold Mines Ltd. - A multi-asset gold producer operating Eagle River Mine in Wawa, Ontario and Kiena Mine in Val-d'Or, Quebec.

See also

[edit]

References

[edit]
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  2. ^ "Britannica Resource Corporation". Archived from the original on 2011-07-08. Retrieved 2010-05-03.
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  12. ^ a b "Métis sign agreement for Detour Gold mine". 2010-12-04. Archived from the original on 2012-09-12.
  13. ^ "titan resources plans exploration of Abitibi Gold Belt, Val d'Or, Quebec". 2010-02-10.
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  15. ^ "Hughes Exploration" (PDF). Archived from the original (PDF) on 2011-07-12. Retrieved 2010-06-28.
  16. ^ "Canada's Abitibi Greenstone Belt". Retrieved 2009-12-08.
  17. ^ McCoach, Greg (December 4, 2009). "Gold Fever: Canada's Abitibi Greenstone Belt". Wealth Daily. Retrieved November 14, 2016.
  18. ^ "Atlanta Gold Inc. and Niogold Mining Corp. option Abitibi Quebec gold properties from Breakwater Resource". 2008-09-30. Archived from the original on 2012-07-23.
  19. ^ "Surging gold price brings new life to old mines". CBC News. 2010-10-11.